Semler Scientific Deepens Crypto Bet With $20M Bitcoin Purchase
Semler Scientific (SMLR) is doubling down on its bitcoin strategy, announcing the purchase of an additional 185 BTC for $20 million over the 10 days ending June 3. The buy brings the company’s total bitcoin holdings to 4,449 BTC, currently worth around $467 million based on market prices just above $105,000.
The latest purchase was made at an average price of $107,974 per bitcoin, pushing the firm’s total investment to $410 million at an average cost basis of $92,158 per coin.
Semler has been tapping into its $500 million at-the-market equity program, launched on April 15, to fund the buys. So far, the company has raised $136.2 million from the sale of 3.5 million shares.
While its bitcoin portfolio has returned 26.7% year-to-date, outperforming most assets in 2025, Semler’s stock tells a different story — down 35% for the year. Shares were little changed in premarket trading Tuesday.
Semler joins a growing list of public companies adding bitcoin to their balance sheets, signaling a continued trend of institutional adoption despite market volatility.
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